A Lesson: MMs Bulls or Bears?
Sonicers, here with UJ is an example of just one aspect of my price/volume/SR analysis (PVSRA) for the Sonic TAH trade.
The M1 chart shows a nice clean straight bullish move by bear MMs, right to above the whole number and immediately followed by additional high trading. This is a perfect example of bears MMs fabricating bullish PA in order to hike the price to add shorts. Remember, a volume bar does not have to be all that big to be meaningful since any single trade contained within any volume bar could be for tens of milliions of dollars of currency traded! Remember too, this does not mean the price cannot go higher. It can. But now you know what the MMs are currently doing.
You don't need to be involved making Sonic TAH trades to benefit by learning to use volume the unique way I do (PVSRA). The SonicR VSA indicator is a sufficient tool to use in the determination if MMs are bulls or bears. Once you do, you can have a better strategy for trading. In this case the MMs are showing themselves to be bears hiking the price to trade more as they get the price higher. Since they are not buying the highs, they must be selling the highs. Therefore they are bears, so wait for the next Classic SonicR short setup, now with greater confidence. Avoid any long setups now.
-tah
Sonicers, here with UJ is an example of just one aspect of my price/volume/SR analysis (PVSRA) for the Sonic TAH trade.
The M1 chart shows a nice clean straight bullish move by bear MMs, right to above the whole number and immediately followed by additional high trading. This is a perfect example of bears MMs fabricating bullish PA in order to hike the price to add shorts. Remember, a volume bar does not have to be all that big to be meaningful since any single trade contained within any volume bar could be for tens of milliions of dollars of currency traded! Remember too, this does not mean the price cannot go higher. It can. But now you know what the MMs are currently doing.
You don't need to be involved making Sonic TAH trades to benefit by learning to use volume the unique way I do (PVSRA). The SonicR VSA indicator is a sufficient tool to use in the determination if MMs are bulls or bears. Once you do, you can have a better strategy for trading. In this case the MMs are showing themselves to be bears hiking the price to trade more as they get the price higher. Since they are not buying the highs, they must be selling the highs. Therefore they are bears, so wait for the next Classic SonicR short setup, now with greater confidence. Avoid any long setups now.
-tah
